Peter Kohli—Mutual Fund Investment Fraud
Peter Kohli Allegedly Sold Marshad Promissory Notes in a “Desperate Attempt” to Raise Funds to Cover Fund Expenses and Postpone the Inevitable Doom
Peter Kohli’s DMS Advisors was allegedly in trouble. Kohli, as part of an attempt to rescue the fund, allegedly misappropriated money purportedly solicited to invest in DMS’s holding company, Marshad Capital Group, according to SEC Documents currently under review by attorneys Alan Rosca and James Booker.
The SEC Documents further allege that Kohli allegedly sold Marshad promissory notes in a “desperate attempt” to raise cash to cover fund expenses and to prevent the almost certain collapse of the fund, according to the SEC’s complaint.
Kohli also allegedly sold warrants in Marshad, which was under his control, allegedly falsely telling investors that Marshad was going forward toward issuing an IPO, the SEC further alleges. The Peiffer Rosca Wolf securities lawyers are currently investigating Peter Kohli’s alleged mutual fund investment fraud.
Pennsylvania Stockbroker Peter Kohli Suffers Emergency Asset-freeze from the SEC after Allegedly Defrauding Investors in His Fledgling Mutual Fund Business
Pennsylvania stockbroker Peter Kohli has received word that he is under an emergency asset-freeze from SEC after allegedly defrauding investors in his fledgling mutual fund business, according to an SEC Complaint presently being reviewed by attorneys Alan Rosca and James Booker.
The DMS Funds series consisted of four emerging-market mutual funds.
The SEC further alleges that Kohli looked past the risks of DMS, that the firm would not be able to pay its expenses, and that he oversold the sophistication of his DMS, the SEC reports.
Securities Lawyers Investigating
The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged investments fraud scams and are currently investigating Peter Kohli’s alleged mutual fund investment scam. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Peter Kohli’s alleged mutual fund investment scheme may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520.